Inventory investment and the rate of interest
The article examines the relationship between business investment in inventory, one of the most powerful factors in the business cycle, and interest rates. The author shows that some of the assumptions underlying economists’ scepticism of the existence of appreciable interest elasticity of demand fo...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2014-03-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11896 |